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American Express has sold off falling to a new 52-week low Amex shares are down 11.7% year-to-date and 29.3% below the record high AXP is a good value stock for the long-term investor amid ongoing...
SUNNYVALE, Calif., June 23, 2022 (GLOBE NEWSWIRE) -- Matterport, Inc. (Nasdaq: MTTR), the spatial data company leading the digital transformation of the built world, today announced that it will...
The S&P Homebuilders Select Industry Index is poised for its biggest annual decline since 2007 Investors exited housing stocks as US 30-year mortgage rates surged to 6%, the highest since late...
The signs that we're heading into a recession are mounting. For instance, the yield curve has inverted, suggesting investors believe that the U.S. Federal Reserve will need to drop rates sharply in...
Stocks suffer worst selloff in three weeks Yield curve flattening Bitcoin completes two bearish patterns After Friday's US Consumer Price Index release printed much hotter than expected, investors...
U.S. CPI is anticipated to show inflation stayed near a 40-year peak in May. The Federal Reserve is all but certain to raise interest rates by another half a percentage point at the conclusion of its...
At a banking conference on June 1, Jamie Dimon, the much followed CEO of JPMorgan Chase said about the US economy: "It's a hurricane." "Right now, it's kind of sunny, things are doing fine. Everyone...
Wells Fargo Bumps Junior Banker Pay To $110,000 Wells Fargo is the latest in a long line of banks to raise pay for its junior bankers, keeping up a trend that has been sweeping the industry for years...
The KBW Bank Index, which surged 35% in 2021, is now down more than 12%, despite strong consumer spending and rising interest rates JPMorgan’s CEO Jamie Dimon sees an economic...
The release of 13F reports for Q1 2022 revealed some interesting changes at Berkshire Hathaway (BRK.B). While some buys, such as Activision (ATVI), were already discussed at Berkshire’s shareholders’...
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